SOLD
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Sold on 19 Aug 2024 for $430,000

101/1172 Burwood Highway
Upper Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 101/1172 Burwood Hwy, Upper Ferntree Gully

101/1172 Burwood Hwy, Upper Ferntree Gully is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Upper Ferntree Gully in the last 12 months.

Building Type
Apartment
Local Government
Knox
Lot/Plan
10/PS718639

Last Listing description (August 2024)

'Location is everything' as the saying goes, and this spacious and modern 2-bedroom apartment on bustling Burwood Hwy perfectly fits the bill. With transport options literally on your doorstep, you're only a stone's throw away from shops, eateries and the breathtaking Dandenong ranges. Awash in natural light, the roomy and open lounge/dining area, which leads out to a large terrace taking in a northerly aspect, a perfect spot for dinner parties or drinks before a night on the town. The modern stone kitchen is fixed with stainless steel appliances including a dishwasher, while both the generous bedrooms have BIRs. There is a plethora of space throughout, while the central bathroom has tiled flooring as well as a European laundry near by. Additionally boasting, split system heating/cooling, a secure car space, secure video intercom entry, storage cage and bike rack. In a great location close to all you could ever need.

Property History for 101/1172 Burwood Hwy, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$430,000
19 Aug 2024
Listed for Rent
14 Mar 2021
  • 05 Aug 2024
    Sold for $430,000
  • 09 Jul 2024
    Listed for Sale $400,000 - $440,000
  • 05 Feb 2023
    Listed for Sale $430,000 - $470,000
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About Upper Ferntree Gully 3156

The size of Upper Ferntree Gully is approximately 3.6 square kilometres. It has 6 parks covering nearly 8.9% of total area. The population of Upper Ferntree Gully in 2011 was 3,221 people. By 2016 the population was 3,429 showing a population growth of 6.5% in the area during that time. The predominant age group in Upper Ferntree Gully is 50-59 years. Households in Upper Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Ferntree Gully work in a professional occupation. In 2011, 83.6% of the homes in Upper Ferntree Gully were owner-occupied compared with 84.4% in 2016.

Upper Ferntree Gully has 1,545 properties. Over the last 5 years, Houses in Upper Ferntree Gully have seen a 23.62% increase in median value, while Units have seen a 13.35% increase. As at 31 October 2024:

  • The median value for Houses in Upper Ferntree Gully is $900,009 while the median value for Units is $578,518.
  • Houses have a median rent of $575 while Units have a median rent of $388.
There are currently 8 properties listed for sale, and no properties listed for rent in Upper ferntree gully on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Upper ferntree gully.

Suburb Insights for Upper Ferntree Gully 3156

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Paul Scott
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Narek Kechichian
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Ray White Ferntree Gully
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.